K-Tech Solutions Company Limited (NASDAQ:KMRK) Stock Short Interest Climbs 862.7%

K-Tech Solutions Company Limited (NASDAQ:KMRK – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 82,609 shares, an increase of 862.7% from the September 15th total of 8,581 shares. Based on an average daily volume of 321,525 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of K-Tech Solutions from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, K-Tech Solutions presently has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on KMRK

K-Tech Solutions Stock Up 3.5%

Shares of NASDAQ KMRK traded up $0.04 during mid-day trading on Friday, hitting $1.18. The stock had a trading volume of 73,199 shares, compared to its average volume of 190,950. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.69 and a quick ratio of 3.69. The company has a 50 day moving average of $1.11 and a two-hundred day moving average of $1.58. K-Tech Solutions has a twelve month low of $0.78 and a twelve month high of $6.59.

K-Tech Solutions (NASDAQ:KMRK – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.02 EPS for the quarter. The firm had revenue of $2.63 million for the quarter.

K-Tech Solutions Company Profile

(Get Free Report)

We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational toys and learning kits. We started our operation in 2016 and have developed relationships with our customers mainly located in European and North American countries which possess renowned brands and intellectual properties in toy products.

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